Day: June 14, 2013

Movable Collateral Framework Document Signing

The Rural Bankers’ Association of the Philippines (RBAP) herein represented by its President, Atty. Edward Leandro Z. Garcia, Jr. signed the Movable Collateral Framework Document as part of its Technical Working Group last June 7, 2013 at the Department of Finance. Through this document, a system that will encourage financial institutions to accept non-real property …

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UCBS Meeting

The Rural Bankers Association of the Philippines, the Bangko Sentral ng Pilipinas and the Philippine Deposit Insurance Corporation held a technical working group meeting last 22 May 2013 to discuss the adoption of a Uniform Core Banking System (UCBS) for rural banks in the country. The UCBS is expected to upgrade and modernize the rural …

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